trending Market Intelligence /marketintelligence/en/news-insights/trending/d7n0749diz5h8or24hjgcw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Moody's revises outlook on GCB Bank

How 37 Years of Default Data Can Prepare Us for the COVID-19 Fallout

US Pushes Pedal To The Metal On Broadband Speeds Ahead Of COVID-19 Outbreak

Broadband-Only Homes Surge To 25% Of US Households Ahead Of COVID-19 Crisis

Pandemic Causing Wildly Different Outcomes Across Media Sectors


Moody's revises outlook on GCB Bank

Moody's on Oct. 3 affirmed 's local-currency depositratings at B3/Not-Prime and revised the outlook to stable from negative.

At the same time, the agency affirmed the bank's baseline creditassessment and adjusted baseline credit assessment at "b3". Inaddition, Moody's affirmed GCB Bank's counterparty risk assessments atB2(cr)/Not-Prime(cr) and its foreign-currency deposit ratings at Caa1/Not-Prime.

The outlook revision reflects improving macro and operatingconditions for banks in Ghana, with good medium-term economic growth prospectsand support by foreign investments in the oil and gas sectors. Moody's expectsreduced pressure on the lender's asset quality and steadier earnings capacity.